New York Markets After Hours

Yen climbs on hawkish tone from Bank of Japan's Fukui

LONDON (MarketWatch) -- The dollar fell against the Japanese yen on Tuesday after hawkish comments made by the Bank of Japan's governor, Toshihiko Fukui. In a speech, he said the central bank must not take a long time to adjust interest rates and said that Japan's core CPI was likely to rise. The dollar fell to 117.84 yen from 118.22 yen, and at one point fell as low as 117.63 yen. The euro also rose on the dollar, up to $1.2752 from $1.2724.

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